Allegiant Travel Company (ALGT) Key Metrics
ALGT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.83B
- Enterprise value
- $3.06B
- P/E (TTM)
- 57.2 10-yr median 12.7
- Forward P/E
- 6.4
- PEG ratio
- 0.85
- Price / sales
- 0.6 10-yr median 1.2
- Price / book
- 1.2 10-yr median 2.5
- EV / EBITDA
- 17.0 10-yr median 7.9
- Dividend yield
- —
- Beta
- 1.54
ALGT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsALGT valuation Price multiples at each fiscal year-end price.
ALGT returns How much profit the business earns on the capital it uses.
ALGT per-share figures Results divided by the shares outstanding at year-end.
ALGT financial health Debt, liquidity and how easily interest is covered.
ALGT efficiency & capital use Working capital cycle and where the cash goes.
ALGT valuation history
ALGT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
ALGT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
ALGT cash returned to shareholders
ALGT price vs earnings per share
ALGT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.54B | $1.68B | $1.49B | $1.23B | $3.22B | $3.03B | $2.79B | $1.60B | $2.49B | $2.74B |
| Enterprise value | $2.60B | $3.03B | $3.02B | $2.48B | $3.88B | $4.12B | $3.76B | $2.48B | $3.24B | $3.22B |
| P/E ratio | — | — | 12.7 | 491.8 | 21.2 | — | 12.0 | 9.9 | 12.8 | 12.5 |
| Price / sales | 0.6 | 0.7 | 0.6 | 0.5 | 1.9 | 3.1 | 1.5 | 1.0 | 1.7 | 2.0 |
| Price / book | 1.5 | 1.5 | 1.1 | 1.0 | 2.6 | 4.3 | 3.2 | 2.3 | 4.5 | 5.8 |
| Price / free cash flow | 20.5 | 43.9 | — | — | 10.9 | — | — | 73.7 | — | 18.7 |
| Price / operating cash flow | 3.9 | 5.0 | 3.5 | 4.0 | 6.0 | 12.9 | 6.3 | 4.5 | 6.4 | 7.9 |
| EV / sales | 1.0 | 1.2 | 1.2 | 1.1 | 2.3 | 4.2 | 2.0 | 1.5 | 2.2 | 2.4 |
| EV / EBITDA | 7.9 | 49.8 | 6.2 | 8.1 | 8.7 | — | 7.1 | 6.5 | 9.1 | 6.7 |
| EV / free cash flow | 34.6 | 79.2 | — | — | 13.2 | — | — | 114.1 | — | 21.9 |
| Earnings yield | −2.9% | −14.3% | 7.9% | 0.2% | 4.7% | −6.1% | 8.3% | 10.1% | 7.8% | 8.0% |
| Free cash flow yield | 4.9% | 2.3% | −30.1% | −10.7% | 9.1% | −1.5% | −2.3% | 1.4% | −7.1% | 5.4% |
| Dividend yield | 0.0% | 1.3% | 1.5% | 0.0% | 0.0% | 0.4% | 1.6% | 2.8% | 1.8% | 2.5% |
| Shareholder yield (dividends + buybacks) | 0.9% | 1.7% | 3.5% | 2.4% | 0.0% | 1.5% | 2.3% | 3.1% | 5.5% | 4.9% |
| Share price at fiscal year-end | $85.27 | $94.12 | $82.61 | $67.99 | $187.04 | $189.24 | $174.04 | $100.22 | $154.75 | $166.40 |
| Per share | ||||||||||
| Revenue per share | $144.41 | $140.75 | $139.29 | $127.64 | $99.12 | $61.91 | $114.77 | $104.43 | $93.43 | $82.65 |
| Earnings per share | −$2.48 | −$13.46 | $6.53 | $0.14 | $8.81 | −$11.51 | $14.47 | $10.13 | $12.11 | $13.32 |
| Operating cash flow per share | $21.59 | $18.96 | $23.48 | $16.80 | $31.23 | $14.66 | $27.47 | $22.33 | $24.30 | $21.04 |
| Free cash flow per share | $4.16 | $2.15 | −$24.83 | −$7.30 | $17.10 | −$2.86 | −$4.03 | $1.36 | −$11.02 | $8.92 |
| Cash per share | $44.63 | $44.68 | $46.12 | $52.96 | $70.81 | $42.85 | $29.47 | $24.80 | $25.61 | $20.25 |
| Book value per share | $58.32 | $61.02 | $73.73 | $67.69 | $71.01 | $43.73 | $55.08 | $43.23 | $34.38 | $28.72 |
| Tangible book value per share | $58.32 | $61.02 | $73.73 | $67.69 | $71.01 | $43.73 | $55.08 | $43.23 | $34.38 | $28.72 |
| Dividends per share | $0.00 | $1.23 | $1.23 | $0.00 | $0.00 | $0.71 | $2.84 | $2.83 | $2.84 | $4.10 |
| Capex per share | $17.43 | $16.81 | $48.31 | $24.10 | $14.14 | $17.52 | $31.49 | $20.97 | $35.32 | $12.11 |
| Debt per share | $103.31 | $120.41 | $131.14 | $122.65 | $108.91 | $111.03 | $90.13 | $79.65 | $72.38 | $49.02 |
| Shares outstanding | 18.1M | 17.9M | 18.0M | 18.0M | 17.2M | 16.0M | 16.0M | 16.0M | 16.1M | 16.5M |
| Change in shares outstanding | +1.1% | −0.9% | −0.1% | +4.7% | +7.7% | −0.3% | +0.5% | −0.8% | −2.4% | −2.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −4.2% | −19.9% | 9.2% | 0.2% | 15.8% | −23.3% | 29.5% | 26.0% | 38.0% | 53.3% |
| Return on invested capital (ROIC) | 6.1% | −7.2% | 6.1% | 2.1% | 11.1% | −12.2% | 16.4% | 13.8% | 20.1% | 29.3% |
| Return on assets (ROA) | −1.0% | −5.1% | 2.5% | 0.1% | 4.2% | −5.9% | 8.4% | 6.9% | 10.1% | 14.5% |
| Return on tangible assets | −1.1% | −5.3% | 2.4% | 0.1% | 3.8% | −5.6% | 7.7% | 6.5% | 8.9% | 13.1% |
| Free cash flow margin | 2.9% | 1.5% | −17.8% | −5.7% | 17.2% | −4.6% | −3.5% | 1.3% | −11.8% | 10.8% |
| Income quality (OCF / net income) | — | — | 3.60 | 121.56 | 3.54 | — | 1.90 | 2.20 | 2.01 | 1.58 |
| Financial health | ||||||||||
| Total debt | $1.86B | $2.15B | $2.36B | $2.21B | $1.88B | $1.78B | $1.45B | $1.27B | $1.16B | $808.3M |
| Cash & short-term investments | $805.7M | $797.6M | $831.0M | $955.1M | $1.22B | $685.2M | $472.7M | $396.0M | $412.1M | $334.0M |
| Net debt | $1.06B | $1.35B | $1.53B | $1.26B | $656.5M | $1.09B | $973.1M | $875.7M | $752.8M | $474.3M |
| Debt / equity | 1.77 | 1.97 | 1.78 | 1.81 | 1.53 | 2.54 | 1.64 | 1.84 | 2.11 | 1.71 |
| Debt / assets | 0.44 | 0.47 | 0.48 | 0.49 | 0.47 | 0.54 | 0.48 | 0.51 | 0.53 | 0.48 |
| Net debt / EBITDA | 3.24 | 22.22 | 3.12 | 4.11 | 1.47 | — | 1.82 | 2.29 | 2.11 | 0.99 |
| Current ratio | 0.95 | 0.78 | 0.83 | 1.46 | 2.02 | 1.37 | 0.92 | 0.96 | 0.99 | 1.07 |
| Quick ratio | 0.92 | 0.75 | 0.80 | 1.42 | 1.98 | 1.33 | 0.87 | 0.93 | 0.96 | 1.03 |
| Interest coverage | 1.3 | -2.2 | 2.0 | 0.9 | 3.8 | -4.9 | 4.7 | 4.5 | 5.8 | 12.9 |
| Working capital | −$50.8M | −$285.8M | −$198.4M | $404.4M | $675.4M | $254.3M | −$50.4M | −$18.7M | −$3.0M | $29.2M |
| Invested capital | $2.11B | $2.44B | $2.86B | $2.48B | $1.88B | $1.79B | $1.86B | $1.57B | $1.31B | $947.9M |
| Tangible asset value | $1.05B | $1.09B | $1.33B | $1.22B | $1.22B | $699.4M | $883.6M | $690.3M | $553.3M | $473.6M |
| Net current asset value | −$2.19B | −$2.47B | −$2.59B | −$2.02B | −$1.45B | −$1.62B | −$1.57B | −$1.31B | −$1.09B | −$775.9M |
| Graham number | — | — | $104.05 | $14.51 | $118.66 | — | $133.91 | $99.28 | $96.78 | $92.77 |
| Graham net-net per share | −$126.93 | −$144.20 | −$149.29 | −$124.09 | −$87.38 | −$107.44 | −$101.07 | −$86.15 | −$71.61 | −$50.04 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $21.9M | $22.1M | $0 | $0 | $11.4M | $45.6M | $45.2M | $45.7M | $67.5M |
| Share buybacks (net) | $13.6M | $6.0M | $30.1M | $29.9M | $0 | $33.8M | $18.6M | $3.6M | $90.5M | $66.4M |
| Dividend payout ratio | — | — | 18.8% | 0.0% | 0.0% | — | 19.6% | 28.0% | 23.5% | 30.8% |
| Dividends + buybacks / free cash flow | 18.1% | 73.0% | — | — | 0.0% | — | — | 225.3% | — | 91.0% |
| Capex / revenue | 12.1% | 11.9% | 34.7% | 18.9% | 14.3% | 28.3% | 27.4% | 20.1% | 37.8% | 14.7% |
| Capex / operating cash flow | 80.7% | 88.7% | 205.7% | 143.4% | 45.3% | 119.5% | 114.7% | 93.9% | 145.3% | 57.6% |
| Capex / depreciation | 1.26 | 1.16 | 3.90 | 2.20 | 1.35 | 1.59 | 3.24 | 2.59 | 4.67 | 1.90 |
| Stock-based compensation / revenue | 0.4% | 0.9% | 1.2% | 0.7% | 0.9% | 1.9% | 1.0% | 0.9% | 0.9% | 0.7% |
| SG&A / revenue | 7.6% | 8.5% | 9.0% | 8.7% | 4.3% | 50.6% | 34.2% | 35.3% | 34.4% | 28.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 10.3 | 11.7 | 12.9 | 13.4 | 27.2 | 40.1 | 6.1 | 11.7 | 13.6 | 8.4 |
| Days of inventory on hand | 5.8 | 14.0 | 7.1 | 5.9 | 6.4 | 9.6 | 6.7 | 5.4 | 5.7 | 6.6 |
| Days payables outstanding | 10.5 | 22.5 | 11.2 | 9.5 | 9.6 | 11.4 | 7.8 | 6.9 | 6.0 | 4.7 |
| Cash conversion cycle (days) | 5.7 | 3.2 | 8.8 | 9.8 | 24.0 | 38.4 | 5.1 | 10.2 | 13.3 | 10.3 |
| Receivables turnover | 35.34 | 31.18 | 28.31 | 27.20 | 13.40 | 9.09 | 59.84 | 31.15 | 26.92 | 43.62 |
| Payables turnover | 34.85 | 16.22 | 32.72 | 38.50 | 37.97 | 32.15 | 47.07 | 52.56 | 60.68 | 78.08 |
| Inventory turnover | 62.58 | 26.11 | 51.35 | 62.22 | 57.33 | 37.97 | 54.18 | 67.27 | 63.63 | 55.01 |
| Asset turnover | 0.60 | 0.53 | 0.53 | 0.54 | 0.47 | 0.32 | 0.67 | 0.71 | 0.78 | 0.90 |
| Average receivables | $73.8M | $80.6M | $88.7M | $84.6M | $127.4M | $108.9M | $30.8M | $53.5M | $55.9M | $31.2M |
| Average payables | $63.3M | $58.3M | $56.4M | $51.0M | $38.9M | $30.9M | $27.6M | $23.8M | $18.1M | $11.4M |
| Average inventory | $35.3M | $36.2M | $35.9M | $31.5M | $25.8M | $26.2M | $23.9M | $18.6M | $17.2M | $16.2M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from ALGT's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
ALGT valuation and financial ratios
Based on the latest twelve months, the trailing P/E is 57.2 and the forward P/E is 6.4. Allegiant Travel earned a return on equity of −4.2% and a return on invested capital of 6.1% in fiscal 2025. It ended the year with $1.9 billion of debt and $805.7 million in cash and short-term investments, net debt of $1.1 billion. It returned $13.6 million to shareholders: $0 in dividends and $13.6 million in share buybacks, 18% of free cash flow. The share count rose 9.5% from 16.5M to 18.1M over 9 years.
See the ALGT income statement, the ALGT chart for price history, or the ALGT stock overview for the latest quote and news.
ALGT key metrics FAQ
What is Allegiant Travel's P/E ratio?
Allegiant Travel's trailing P/E ratio is 57.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 6.4. At the end of fiscal 2025 it was —, compared with a 10-year median of 12.7.
What is Allegiant Travel's EV/EBITDA?
Allegiant Travel's enterprise value was 7.9 times EBITDA at the end of fiscal 2025 (enterprise value $2.6 billion, EBITDA $326.9 million); the current EV/EBITDA is 17.0.
What is Allegiant Travel's return on equity?
Allegiant Travel's return on equity (ROE) was −4.2% in fiscal 2025: net income of -$44.7 million on average shareholders' equity of $1.1 billion.
What is Allegiant Travel's ROIC?
Allegiant Travel's return on invested capital was 6.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Allegiant Travel have?
Allegiant Travel had total debt of $1.9 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.77 and $1.1 billion of net debt (3.24 times EBITDA).
Does Allegiant Travel pay a dividend?
Allegiant Travel did not pay a dividend in fiscal 2025.
Does Allegiant Travel buy back its shares?
Yes. Allegiant Travel spent $13.6 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.1% over the year, to 18.1M..
What is Allegiant Travel's free cash flow yield?
Allegiant Travel generated $75.1 million of free cash flow in fiscal 2025, a free cash flow yield of 4.9% on its market value at year-end ($1.5 billion).
What is Allegiant Travel's current ratio?
Allegiant Travel's current ratio was 0.95 at the end of fiscal 2025: current assets were 0.95 times current liabilities.